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Private Foundation Requirements and Restrictions

Date: Thursday, August 16, 2018
Time: 1:00 - 2:30 pm EST

Sponsored by Lorman Education Services

Registration - Live Webinar Only: $199.00

Registration - Live Webinar Plus CD Recording: $268.00


Gain a better understanding of tax law surrounding private foundations.

Clients who are philanthropically inclined are eager to create their own family foundation. The private foundation is a tool that can achieve many goals, however, there are many unique considerations that are essential to communicate to clients during the planning process.

Similar to publicly supported charities, private foundations are exempt under IRC Section 501(c)(3), however, there is a whole set of special rules that apply just to private foundations.

Learning Objectives:

  • You will be able to explain the power of private foundations as a tax planning tool.
  • You will be able to discuss the importance of compliance.
  • You will be able to recognize self-dealing .
  • You will be able to identify the impact of the tax cuts and jobs act.

This Live Webinar Covers These Hot Issues:

  • Applying for Exempt Status
  • Contributions
  • Tax on Net Investment Income
  • Self-Dealing
  • Minimum Distribution Requirement
  • Qualifying Distributions
  • Excess Business Holdings
  • Jeopardizing Investments
  • Taxable Expenditures
  • Unrelated Business Income
  • Tax Cuts and Jobs Act
  • Philanthropic Enterprise Act
  • Record Keeping
  • Defintions

Credit Information (Sponsored by Lorman Education Services):

  • CLE
  • CPE
  • AIPB

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Instructor Profile:

Sarah Avery, Friedman LLP

Sarah Avery, CPA

  • Director in the East Hanover, NJ office of Friedman LLP
  • Practice emphasizes all aspects of audit and tax compliance for not-for-profit organizations
  • Specializes in not-for-profit organizations including private foundations providing audit and tax compliance services
  • Conducts regular seminars and workshops on numerous exempt organization tax compliance and accounting issues
  • Graduate of Muhlenberg College
  • Member of numerous professional and civic organizations
  • Can be contacted at or 973-929-3500

(Not available outside the US)